Live Well Water Inc

Analysis

Live Well Water Inc is a registered charity in United States, based in Gulf Breeze, FL. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Live Well Water Inc reported income of $164k and spending of $237k, spending 145% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $168k to $164k (-2.3%), an average of -1.1% a year. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Live Well Water Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include DC Peace Team ($164k), Centre for Social Innovation NYC Inc ($164k) and Heritage Centre Association Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.